IT'S THAT TIME AGAIN

IT'S THAT TIME AGAIN

As we close in on Labor Day weekend, we are are also coming up on another PI day. September 4th is 7539 days ( 24 x 314.16 ) and 4712 days ( 15 x 314.16 ) from 1/14/ 2000 and 10/11/2007 respectively. You can see from the monthly chart of the DOW that significant highs and lows have, for the most part, occurred on days that are incrementally divisible by 314.16 from prior highs or lows. The 4th is also 618 days from the 2018 X-mas low and 12008 days ( 38.2 x 314.16) from the 10/20/1987 low. Homage to Fibonacci.

The bold dotted red trend line originates from the 1987 low ( not shown ) and advances at a rate of 2.27 pts / day. For those of you who were in the pool hall practicing applied geometry, you'll recall that 22/7 is the fractional equivalent of PI. The theoretical Dow on the 4th should be 28874. (2.27 x 12008 days ) + 1616.21. That trend line caught the 2000 high and the January 2018 high, both of which were PI days. The blue trend line above it, which caught the February top, is the same progression from the August 1987 high and that target is 30099.19 ( 12054 days x 2.27 ) + 2736.61. We're in the middle of that price window.

Recall from previous articles, harmonic resonances based on square roots remainders. For example the square root of 666.79 is 25.82 and the square root of 2191.86 is 46.81. The remainders are virtually the same therefore they resonate at 180 or 360 degrees depending whether the whole numbers are both odd or even. September 4th is 4200 days from the 3/6/09 low and 165 days from the March 2020 low. The square roots of both - 64.81 and 12.84 resonate with 666.79 at 180 degrees and with 2191.86 at 360 degrees. So here's more evidence of time resonance. 29391.67 resonates with the 3/6/09 low at 180 degrees - 171.44 and 80.44 respectively. The difference between them is 91 and "strangely" enough today is the 91 year anniversary of the 1929 high!! Hmm. Things could get interesting.

Jasmin Malhotra

CMT level || LinkedIn Top Technical analysis Voice || Trader|| Option Writer || I teach people to maximize their profits in the stock market || Gann Angles||

4 年

Hello Sir!! I too work on W.D gann angles and cycles. Can I share your post?

回复

要查看或添加评论,请登录

Alan Lax, CMT的更多文章

  • NEARING PRICE & TIME RESISTANCE

    NEARING PRICE & TIME RESISTANCE

    The monthly S & P chart illustrates some important Fibonacci relationships and confluences which have acted as…

    2 条评论
  • WHERE NO MAN HAS GONE BEFORE

    WHERE NO MAN HAS GONE BEFORE

    Here's a look at a weekly chart of the DOW. The bold red trend line originates from the 10/20/1987 low and goes through…

    3 条评论
  • HIDING IN PLAIN SIGHT

    HIDING IN PLAIN SIGHT

    W.D.

  • Dow - End of a Good Run?

    Dow - End of a Good Run?

    Since the March low, the Dow is up just over 50%. The chart illustrates my interpretation of the current Elliott Wave…

  • A LOOK AT DX/Y

    A LOOK AT DX/Y

    This monthly chart of DX /Y from the 2001 high shows the Gann range from the 1985 high of 164.72 to the 2008 low of 70.

  • SQUARE OF THE RANGE UPDATE

    SQUARE OF THE RANGE UPDATE

    Here's a look at the SPY square of the range as of Thursday 2:15 PM. The SPY is 1/10 of the SPX and therefore the Gann…

  • SPX - Gann Squares of Two Ranges

    SPX - Gann Squares of Two Ranges

    The basic square is constructed by taking the price range ( 1201.66 for the SPX from the 2/19 high to the 3/23 low )…

    1 条评论
  • COMPARISION TO 1929

    COMPARISION TO 1929

    WD Gann always paid attention to 90 year cycles and there is one staring us in the face. Thursday April 16th is the 90…

  • ONE DAY AT A TIME

    ONE DAY AT A TIME

    There is considerable debate as to whether or not the bottom is in, but let's remember this game is all about risk…

    13 条评论
  • DON'T GET TOO EXCITED YET

    DON'T GET TOO EXCITED YET

    The chart is a monthly S & P showing a Gann progression of 10 cents per day starting at $0.00 on 3/4 1957 ( the…

    10 条评论

社区洞察

其他会员也浏览了